Cash Credit Loan
A cash credit loan is a type of working capital loan for a company to meet its working capital requirements. The money can be withdrawn against the hypothecation of stocks and receivables. It can be availed either in the [...]
Top 20 Small New Business Ideas to Launch from Home in India
Explore 20 carefully curated small new business ideas tailored for modern entrepreneurs in India. From digital services to product-based ventures, each idea is designed for low investment, high growth, and easy setup from home. Start strong with the right [...]
How to Apply for ICICI Business Loan – Step-by-Step Guide
One of the initial steps to expand your business is to get the appropriate funding. The ICICI business loan is a convenient, flexible and quick way to borrow money with ease by small businesses, entrepreneurs, and startups. ICICI Bank [...]
Debt Financing
Debt financing for startups means getting the borrowed funds. When a startup borrows money from outside at interest, it is called finance through debts. There are options for raising finance namely either through debt or equity or through a [...]
NBFC DSA Registration in India: Eligibility, Documents & Process
Confusing how to become a Direct Selling Agent (DSA) of loans in India? NBFC DSA registration will help you to enter a highly rewarding career in financial services. By registering with NBFC DSA online, individuals and small business owners [...]
Machinery or Equipment Loan
Although many SME loans on the market can be used for various purposes, a specific loan can be advantageous if you are sure about the purpose of taking the loan. For example, one type of loan that can be [...]
Loan for MSMEs in Himanchal Pradesh
Himachal Pradesh is a state in northern India known for its scenic beauty and diverse industries. The state has a significant number of Micro, Small and Medium Enterprises (MSMEs) that contribute to its economic growth. To support the growth [...]
Cibil score for bank loan
TransUnion CIBIL is a premier credit rating agency among the top four agencies in India. CIBIL has affiliations with almost every other bank in India, estimating the creditworthiness of millions of enterprises and individuals. A great CIBIL score denotes that [...]
Startup India
The Startup India campaign was started in 2016 to encourage entrepreneurship in India. The objective was to reduce the regulatory burden on Startups, thereby allowing them to focus on their core business and keep compliance costs low. It was [...]
General Scheme For New & Existing Entrepreneurs – Tamilnadu
TIIC designed to help entrepreneurs who come forward to set up fishing net manufacturing units in the region. Therefore, the General Scheme For New & Existing Entrepreneurs Tamilnadu aims to provide all small, medium, and large-scale companies with full [...]
What is a Letter of Credit?
A letter of credit, or "credit letter" is a letter from a bank guaranteeing payment. They can provide security to a seller that will be received on time and for the correct amount. If the buyer is incompetent to [...]
MSME Loan schemes available in Odisha
MSMEs (Micro, Small and Medium Enterprises) play a crucial role in the growth and development of the Indian economy. However, the growth of MSMEs is often hindered by a lack of access to finance. To overcome this challenge, the [...]
Dropline Overdraft
The Capital is the blood of a business. Capital is crucial for the growth as well as the survival of a business. Sometimes, businesses may run short on working capital. So, banks offer a facility called overdraft, where one [...]
Fostering Entrepreneurial Spirit: Navigating Through the 2024-25 Interim Budget with Finline
As the dust settles on the announcement of the Interim Budget for 2024-25, it's clear that the Indian government's stance on nurturing the startup ecosystem and MSME sector remains as robust as ever. With no changes in the existing taxation [...]
MSME Loan schemes available in Assam
Assam is a state in northeastern India known for its lush green forests, tea plantations, and diverse culture. The state has a vibrant MSME sector that plays a crucial role in its economic growth. To support the growth of [...]
Uttarakhand Mukhyamantri Swarojgar Yojana
What is Uttarakhand mukhyamantri swarojgar yojana? The Mukhyamantri Swarozgar Yojana has been introduced by the government of Uttarakhand. The programme is for immigrants from Uttarakhand who return to the state as a result of the coronavirus. To encourage self-employment, [...]
Check list for MSME Loans upto Rs.10 crore
The following is the Check list for MSME Loans up to Rs.10 crore: Proof of Identity: Aadhaar Card / Voter’s ID Card / Passport / Driving License / PAN Card /Signature identification from present bankers of proprietor, partner of [...]
Chief Minister’s Startup Scheme(CMSS) Sikkim
The Government approved the Chief Minister's Startup Scheme(CMSS) Sikkim on August 15, 2017, to encourage local unemployed youth. College graduates establish new entrepreneurial projects and self-employment possibilities in rural and urban areas of Sikkim. The Sikkim Startup India scheme [...]
Working Capital Loan
Working Capital Loan is a type of short-term loan availed by firms for their daily operational expenses. They support the businesses to become more focused on their growth and generate capital. These loans in India have become popular among [...]
MSME Loan schemes available in Delhi
Delhi, being the capital of India, has a substantial number of MSMEs. To support the growth and development of this sector, both the central and state governments have launched various loan schemes. In this article, we will discuss some [...]
MSME/UDYAM Registration
Any person who intends to establish a micro, small or medium enterprise may file MSME/UDYAM Registration online in the Udyam Registration portal. It is based on self-declaration with no requirement to upload documents, papers, certificates, or proof. On registration, an [...]
Business Loans for Manufacturers in India
India is the fifth largest manufacturing country. This sector has been growing at an average of 7%-8% annually. As a developing country, there is a huge opportunity for manufacturers to use the increasing demand, both locally as well as [...]
5 Important Elements for Every Sales Proposal
A sales proposal is sometimes a mere formality—the customer has already made up his or her mind about whether he or she is going to buy. At other times, a sales proposal makes all the difference. All decision-makers and [...]
Pradhan Mantri Mudra Loan Documents – Apply for Mudra Loan Online
Loans for Non-corporate, non-farm small / micro enterprises The Mudra Loan scheme is a main part of the Pradhan Mantri MUDRA Yojana (PMMY) by the Government of India, designed to help micro and small businesses. The applicant must [...]
Government Business Loans for Unemployed Entrepreneurs
As per the latest survey, more than 100 crore people in India are unemployed. This is one of the biggest concerns for a developing country like India. There are not enough job opportunities even for the educated youth of [...]